In the most recent update on Thursday, the total liquid foreign reserves of the country reached a standing figure of US$12.5355 billion. However, within the same period, the central bank, as reported by Xplore Pakistan, held reserves amounting to $7,396.7 million, marking a noteworthy decline.
The State Bank of Pakistan released an official statement addressing this development, highlighting that SBP’s reserves experienced a $115 million decrease, specifically attributing this decline to debt repayments within the week that concluded on November 11, 2023.
This news underscores the dynamic nature of the country’s financial reserves, impacting various economic facets and decisions.
